Kansas City Southern (NYSE:KSU) had its target price boosted by Morgan Stanley from $102.00 to $104.00 in a research report report published on Friday morning. They currently have an equal weight rating on the transportation company’s stock.
A number of other research analysts have also commented on KSU. Zacks Investment Research raised shares of Kansas City Southern from a hold rating to a buy rating and set a $124.00 price objective for the company in a research report on Tuesday, December 12th. Credit Suisse Group reaffirmed an outperform rating and set a $121.00 price objective (down previously from $126.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. Finally, Seaport Global Securities reaffirmed a neutral rating on shares of Kansas City Southern in a research report on Friday, March 23rd. Seven analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and an average target price of $115.67.
Kansas City Southern stock opened at $108.48 on Friday. The firm has a market cap of $11,179.25, a price-to-earnings ratio of 20.74, a PEG ratio of 1.34 and a beta of 0.78. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.70 and a quick ratio of 0.54. Kansas City Southern has a fifty-two week low of $86.14 and a fifty-two week high of $114.85.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 4th. Investors of record on Monday, March 12th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Friday, March 9th. Kansas City Southern’s dividend payout ratio (DPR) is presently 27.43%.
In related news, CMO Brian D. Hancock sold 2,325 shares of the stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $113.00, for a total value of $262,725.00. Following the completion of the transaction, the chief marketing officer now owns 19,455 shares of the company’s stock, valued at $2,198,415. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Henry J. Maier purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was acquired at an average cost of $104.35 per share, with a total value of $104,350.00. Following the transaction, the director now directly owns 5,159 shares of the company’s stock, valued at $538,341.65. The disclosure for this purchase can be found here. Corporate insiders own 0.95% of the company’s stock.
A number of large investors have recently bought and sold shares of KSU. Delpha Capital Management LLC acquired a new position in Kansas City Southern in the fourth quarter worth about $102,000. Cerebellum GP LLC acquired a new position in Kansas City Southern in the fourth quarter worth about $116,000. Tower Research Capital LLC TRC raised its position in Kansas City Southern by 182.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,414 shares of the transportation company’s stock worth $149,000 after purchasing an additional 914 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in Kansas City Southern in the third quarter worth about $160,000. Finally, Jump Trading LLC acquired a new position in Kansas City Southern in the fourth quarter worth about $214,000. 88.02% of the stock is owned by hedge funds and other institutional investors.
Kansas City Southern Company Profile
Kansas City Southern, through its subsidiaries, provides domestic and international rail transportation services in North America. It serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.
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